metro area unemployment data: june 2011

Metro Area Unemployment

July 2011National Association of REALTORS®Research DivisionCompilation of Data from the Bureau of Labor Statistics

Data Highlights• Among the 27 metro areas reviewed, the Washington DC area had the lowest June

2011 unemployment rate of 6.2 percent while Las Vegas had the highest, at 13.8 percent.

• Looking at changes in the last year, 23 large metro areas reviewed saw decreases, or improvement, in the unemployment rate. Four large metro areas reviewed saw an increase, or worsening, in the unemployment rate in that time period. By comparison, the unemployment rate in the US decreased by 0.3 percentage points in the year.

• Las Vegas had the greatest improvement in unemployment rate over the year. The unemployment rate there fell by 1.5 percentage points, from 15.4 percent to 13.9 percent. This good news is somewhat tempered by the fact that in the same period, Las Vegas saw a decline in the size of the labor force of 2.9 percent. By comparison, the US labor force declined by 0.2 percent in the same period.

• Detroit; Portland, OR; Cleveland and St. Louis followed Las Vegas in improvement in the unemployment rate. Each area had a drop of 1 percentage point or more in the year.

• Atlanta, Dallas, Memphis, and Houston had increases in their unemployment rates over the year, but these were small (less than 0.3 percentage point) except in Memphis where the increase was 0.9 percent.

• The recent national trend of an increasing unemployment rate for the past few months is seen in nearly every metro area covered in this review.

Large Metros Unemployment Rate in June 2011

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

Perc

ent

Unemployment Rate, Phoenix-Mesa AZ

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

8

6

4

2

Unemployment Rate, Los Angeles-Long Beach-Santa Ana, CA

%


14

12

10

8

6

4

Unemployment Rate, San Diego CA

%


12

10

8

6

4

2

Unemployment Rate, San Francisco-Oakland-Fremont, CA

%


12

10

8

6

4

2

Unemployment Rate, Denver-Aurora, CO

%


10

8

6

4

2

Unemployment Rate, Washington-Arlington-Alexandria, DC-VA-MD-WV MetDiv

%


7

6

5

4

3

2

Unemployment Rate, Atlanta GA

%


12

10

8

6

4

Unemployment Rate, Chicago-Naperville-Joliet, IL-IN-WI

%


12

10

8

6

4

2

Unemployment Rate, New Orleans-Metairie-Kenner, LA

%


10

8

6

4

2

Unemployment Rate, Boston-Cambridge-Quincy, MA NECTA Division

%


9

8

7

6

5

4

3

Unemployment Rate, Detroit-Warren-Livonia, MI

%


18

16

14

12

10

8

6

Unemployment Rate, Minneapolis-St Paul MN-WI

%


9

8

7

6

5

4

3

Unemployment Rate, St Louis MO-IL

%


12

10

8

6

4

Unemployment Rate, Las Vegas-Paradise-Pahrump, NV CSA

%


17.5

15.0

12.5

10.0

7.5

5.0

2.5

Unemployment Rate, New York-Northern New Jersey-Long Island NY-NJ

%


10

8

6

4

2

Unemployment Rate, Charlotte-Gastonia-Rock Hill NC-SC

%


14

12

10

8

6

4

Unemployment Rate, Cincinnati-Middletown-Wilmington, OH-KY-IN CSA

%


12

10

8

6

4

Unemployment Rate, Cleveland-Elyria-Mentor, OH

%


12

10

8

6

4

Unemployment Rate, Columbus OH

%


10

9

8

7

6

5

4

Unemployment Rate, Portland-Vancouver-Beaverton OR-WA

%


12

10

8

6

4

Unemployment Rate, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

%


10

8

6

4

2

Unemployment Rate, Pittsburgh PA

%


10

8

6

4

2

Unemployment Rate, Memphis TN-AR-MS

%


12

10

8

6

4

Unemployment Rate, Houston-Baytown-Sugar Land, TX

%


9

8

7

6

5

4

3

Unemployment Rate, Dallas-Fort Worth-Arlington, TX

%


9

8

7

6

5

4

Unemployment Rate, Seattle-Tacoma-Bellevue, WA

%


12

10

8

6

4

2

Unemployment Rate, Milwaukee-Waukesha WI

%


12

10

8

6

4

metro area unemployment data: june 2011

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